Thank you, Mr. Chairman. Under the present criteria, there are no provisions for that kind of situation, except I must say to the honourable Member that the Ministers of Education across the country are reviewing the possibility of what you might say is income contingent repayment. In other words, your repayment is determined by the kind of income that you are making. If it reduces the actual loan for that particular month or that particular year because you have a reduced income, then that is what going to be considered. But that is a national initiative, and if all the other Ministers agree on that kind of initiative for loan repayments across the country and the federal government agrees with it, then we will be able to implement it. But that work is now ongoing. We started it this past year.
Richard Nerysoo on Bill 1: Appropriation Act, No. 2, 1994-95Committee Report 2-12(5): Review Of The 1994-95 Main Estimates
In the Legislative Assembly on March 15th, 1994. See this statement in context.
Bill 1: Appropriation Act, No. 2, 1994-95Committee Report 2-12(5): Review Of The 1994-95 Main Estimates
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters
March 15th, 1994
Page 614
Richard Nerysoo Mackenzie Delta
See context to find out what was said next.